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Restaurant

Pizza Hut

3310 S Broad St, Scottsboro, AL 35769

Listing Price: $2,355,000

Cap Rate
6.75%
Tenant Name
Pizza Hut
Years Remaining On Lease
5.9
Guarantor
Franchisee Guarantee
Rentable SF
4,053
Lease Type
Absolute Net
Rent Per Square Feet
$39.21

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Pizza Hut located in Scottsboro, AL.

Investment Highlights

  • Absolute NNN Lease
  • 10% rent increase scheduled to occur 11/27/2022
  • ADT Tennessee LLC is a wholly-owned subsidiary of ADT Pizza LLC (199 locations)
  • Drive-thru equipped: Carry-out sales accounted for ±52% of the location's sales (Jan. 2020 - Sept. 2020)
  • Scottsboro is located 30 miles from Georgia and Tennessee | 45 miles from Huntsville (population ±215,000)

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Listing Price: $2,355,000

Cap Rate
6.75%
Tenant Name
Pizza Hut
Years Remaining On Lease
5.9
Guarantor
Franchisee Guarantee
Rentable SF
4,053
Lease Type
Absolute Net
Rent Per Square Feet
$39.21

Investment Highlights

  • Absolute NNN Lease
  • 10% rent increase scheduled to occur 11/27/2022
  • ADT Tennessee LLC is a wholly-owned subsidiary of ADT Pizza LLC (199 locations)
  • Drive-thru equipped: Carry-out sales accounted for ±52% of the location's sales (Jan. 2020 - Sept. 2020)
  • Scottsboro is located 30 miles from Georgia and Tennessee | 45 miles from Huntsville (population ±215,000)

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Pizza Hut located in Scottsboro, AL.

Broker of Record

  • Eddie Greenhalgh

    First Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

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